Innovation Pharmaceuticals Inc (IPIX)

[To infinity and beyond!]

Picture: Leo in a cardigan sweater, soft voice, looking into the camera.

-Can you say Prurisol? Yes that's it. Prurisol. It's a hard word to say. try it again with me. Prurisol. OK shareholders, that was good! It was a drug we were developing years ago and I wrote a lot to all of you about the big market out there for Prurisol.

-Things do not always work out in the world. You know that, right? Bad things can happen. Well, the trial did not go well. And then there was another little problem. I had a lot of trouble telling all of you what happened and everything just dragged out. It was awful really, for all of you and for me. I know that the agony was endless.

-That is why I am so sad to repeat that sorry performance yet again, but there we are. I cannot bear to tell you that another even more important trial failed. But I do know how to avoid giving you answers. First I am going to tell you that we have to wait all summer for results when all of you know that is a lie. Well, not all of you. There are some of you that simply believe what I tell you. I say wait 60 days, it cannot possibly be otherwise and apparently some of you just accept such nonsense.

-So now we will have another endless brutal wait until you have lost interest and I can tell you the difficult news. Just think about Prurisol- can you say that again?-and you can see what is in store for IP shareholders

Won't you be my neighbor while we pretend we have to wait?